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Biden-Harris Administration Propose End to Higher Ed ‘Junk Fees’

Diverse: Issues in Higher Education

The Biden-Harris administration is proposing new steps to crack down on “hidden junk fees” to lower costs saddled on college students and families and make higher education more affordable. The proposed fixes, announced March 15, target fees imposed during the college or graduate school experience — some are imposed multiple times.

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After SCOTUS Ruling, Biden Vows to Cancel Student Debt Anyway

Diverse: Issues in Higher Education

Supreme Court struck down President Joe Biden’s plan to cancel nearly half a trillion dollars of student debt, his administration moved quickly to show that it wasn’t giving up. “I Within hours, Biden announced a new plan for loan forgiveness. When the U.S. This fight is not over.” “This fight is not over.”

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Biden-Harris Administration Approves Additional Billions in Student Debt Relief

Diverse: Issues in Higher Education

With the 2024 presidential election on the horizon, the Biden-Harris administration is continuing its student loan debt relief efforts, this time approving nearly $5 billion. Last July, the adjustment resulted in the approval of $39 billion in student loan forgiveness to 804,000 borrowers.

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Supreme Court Student Debt Cancellation: What You Need to Know

Student Loan Planner

The Supreme Court will decide on student debt cancellation on June 30, 2023. To hold off on such a monumental decision until the last day in the term suggests that cancellation has a better chance of being struck down than upheld. And the entire question rests on a technicality.

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Thirty Million Borrowers Set for Debt Relief

College Planners of America

On April 8, President Biden released the details of his new student loan debt forgiveness plan. The loan cancellations will occur automatically without requiring borrowers to submit an application. Borrowers who started repayments many years ago : Many borrowers are still repaying their loans decades after leaving school.

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3 Things to Watch for as The Supreme Court Decides Student Loan Debt Relief Fate

Student Loan Planner

The Supreme Court is set to rule on President Biden’s signature student loan debt relief plan in a matter of weeks – or days. Over 40 million borrowers will be impacted by whatever the Court ultimately decides.

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Student Loan Forgiveness Under Higher Education Act Gains Steam

Student Loan Planner

The Biden administration is moving forward with efforts to create a new student loan forgiveness plan. This “Plan B” approach, following the Supreme Court Ruling in June that overturned Biden’s initial student debt relief program, will be designed to provide an alternative pathway to broad student loan cancellation.